TailingsPond + 653 GE September 23 (edited) The interest rate cut benefits Tesla more than other manufactures. The markets think if you can get cheaper loans you will choose EV. https://oilprice.com/Energy/Energy-General/Energys-Biggest-Gainers-After-Fed-Rate-Cut.html "In the energy sector, EV maker Tesla Inc. (NASDAQ:TSLA) made the biggest gain at 7.3%, with lower interest rates likely to benefit car stocks since it makes car financing more affordable, easing companies’ need to lower prices and increasing demand." Oil shares get a bump of maybe 2% "Meanwhile, stocks of Big Oil companies also enjoyed a bump following the big rate cut: Exxon Mobil Corp. (NYSE:XOM)+2.4%, Chevron Corp.(NYSE:CVX)+1.7%, Marathon Oil (NYSE:MRO)+1.7%, Shell Plc (NYSE:SHEL)+ 1.5% and BP Plc (NYSE:BP)+2.3%. Edited September 23 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,436 DL September 23 (edited) 17 hours ago, TailingsPond said: The interest rate cut benefits Tesla more than other manufactures. The markets think if you can get cheaper loans you will choose EV. https://oilprice.com/Energy/Energy-General/Energys-Biggest-Gainers-After-Fed-Rate-Cut.html "In the energy sector, EV maker Tesla Inc. (NASDAQ:TSLA) made the biggest gain at 7.3%, with lower interest rates likely to benefit car stocks since it makes car financing more affordable, easing companies’ need to lower prices and increasing demand." Oil shares get a bump of maybe 2% "Meanwhile, stocks of Big Oil companies also enjoyed a bump following the big rate cut: Exxon Mobil Corp. (NYSE:XOM)+2.4%, Chevron Corp.(NYSE:CVX)+1.7%, Marathon Oil (NYSE:MRO)+1.7%, Shell Plc (NYSE:SHEL)+ 1.5% and BP Plc (NYSE:BP)+2.3%. Not if the natural limits of their market space have been reached. The only result would then be a further decline in price with practically zero elasticity in the demand curve...remember your ECON 100 introductory lessons? Edited September 23 by Ecocharger Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 23 21 minutes ago, Ecocharger said: Not if the natural limits of their market space have been reached. The only result would then be a further decline in price with practically zero elasticity in the demand curve...remember your ECON 100 introductory lessons? Did you not see the share price rise? Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 23 (edited) TSLA - All electric +4.2% today +43.8% 6 months +0.53% YOY Ford - Some electric but decided to slow EV transition +0.18% today -15.5% 6 months -13.4% YOY Would you choose losing 15.5% over the last 6 months or gaining 43.8% over the same time period? Edited September 23 by TailingsPond Quote Share this post Link to post Share on other sites
Ryan McCormack + 1 September 23 Hi Jay and fellow enthusiasts, I think your knowledge of the e-vehicle market is wonderful, and feel that it is crucial to hear about this today! I think e-vehicles are the new wave of the future. As a fellow business owner, I see the dramatic effect gasoline is doing on global warming. We must get rid of gasoline driven vehicles. Even though the electric lawnmower had it's problems when it first started, now it is the norm. So too, should the electric vehicle replace the gasoline vehicle!!!! Yes, there are risks involved, but as a nation we must convert to this plan and save mother earth! 1 1 1 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,436 DL September 24 (edited) 22 hours ago, Ryan McCormack said: Hi Jay and fellow enthusiasts, I think your knowledge of the e-vehicle market is wonderful, and feel that it is crucial to hear about this today! I think e-vehicles are the new wave of the future. As a fellow business owner, I see the dramatic effect gasoline is doing on global warming. We must get rid of gasoline driven vehicles. Even though the electric lawnmower had it's problems when it first started, now it is the norm. So too, should the electric vehicle replace the gasoline vehicle!!!! Yes, there are risks involved, but as a nation we must convert to this plan and save mother earth! Where do you see the impact of human-made CO2 on Mother Earth? Edited September 24 by Ecocharger 1 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 24 (edited) On 9/24/2024 at 9:51 AM, Ecocharger said: Where do you see the impact of human-made CO2 on Mother Earth? Do you not think anthropogenic CO2 increases plant growth? Do you deny the "plant food" theory, or do you accept that humans have had an impact on mother earth? You ask people questions but never answer any. Stop asking or start answering. Edited September 27 by TailingsPond 2 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 24 (edited) 7 hours ago, Ecocharger said: Where do you see the impact of human-made CO2 on Mother Earth? What forms of pollution would you support limiting with government regulation? You seem to support all forms of pollution. If not CO2 how about methane, heavy metals, carbon monoxide, ozone, PM 2.5? Edited September 24 by TailingsPond 1 Quote Share this post Link to post Share on other sites
turbguy + 1,524 September 26 (edited) ...and just in from The Kingdom of Canada! Royal Decree –0000000252 – Electric Vehicles To the Attention of: [I deleted the usual long list of military and government agencies] Re: Safety, Security, and Sovereignty of The Kingdom of Canada- Transport infrastructure, Infrastructure and Highways, Trade and Commerce – PERMANENT ban on Electric Vehicles, FORTHWITH. I AM, HRM Queen Romana Didulo, Commander-in-Chief, President, National Indigenous Chief and Queen of the Kingdom of Canada, hereby issue this Royal Decree effective immediately dated today September 23, 2024 as follows, under “Natural Law.” Section 1 – Electric Vehicles Manufacturing Forthwith, the manufacturing of “ELECTRIC VEHICLES” is prohibited and permanently banned in The Kingdom of Canada. Section 2 - Electric Vehicles Exporting Forthwith, the exporting of “ELECTRIC VEHICLES” is prohibited and permanently banned in The Kingdom of Canada. Section 3 - Electric Vehicles Importing Forthwith, the importing of “ELECTRIC VEHICLE[S]” is prohibited and permanently banned in The Kingdom of Canada. Section 4 – Forthwith, implement and execute closures/shutdowns of all manufacturing and processing plants specific to manufacturing, exporting and or importing of Electric Vehicles and all of its components in The Kingdom of Canada. Section 5 – Forthwith, cancel, revoke, nullify, void and disband any and all programs, ministries, bureaus committees, commissions, initiatives pertaining to electric vehicles in The Kingdom of Canada. Section 6 – Forthwith, cancel, revoke, nullify, void, disband and prohibit, and DE-FUND any and all programs, initiatives, advertisements, etc pertaining to Electric Vehicles in The Kingdom of Canada Section 7 – Electric Vehicles on Kingdom of Canada’s Highways and Roads. Forthwith, due to safety [lithium battery], safety, and security concerns pertaining to Electric Vehicles high propensity to explode and catch on fire....a complete, absolute, and full ban on electric vehicles [of all kinds] inclusive e-bikes/e-scooters from all Roads, Highways, public places, will take full effect on September 22, 2025 in The Kingdom of Canada. This will provide one full year for Owners of Electric Vehicles to find other means of transport, seek compensation for defective products from manufacturers and sellers of electric vehicles, e-bikes/e-scooters, etc. Section 8 - General contractors Nationality. Forthwith, ensure all “general contractors” [previously known as employees] at Ministry of Transport Canada are Canadian Nationals only across The Kingdom of Canada. Section 9- Automobile Business Nationality. Forthwith, ensure all Automobile Business Owners are Canadian Nationals only. Section 10 - Automobile Businesses ownership and control Forthwith, ensure all Automobile Businesses ownership and control are 100% Canadian Nationals only. Section 11 - Contracting / Sub-contracting. Forthwith, contracting / sub-contracting to non Canadian Nationals is strictly prohibited and unlawful. Section 12 - Ministries/Bureaus and or Departments affected by this Royal Decree. Forthwith, all Ministries/Bureaus and or Departments affected by this Royal Decree are hereby instructed to work cohesively and ensure companies are fully in compliance with all requirements herein. Section 13 - Violators of this Royal Decree Violators of this Royal Decree shall be charged with economic sabotage, treason, enslavement, slavery, financial fraud, corruption, embezzlement, crimes against homo sapiens / crimes against humanity. Section 14 - Daily financial penalty Daily financial penalty of “one billion dollars” backed by gold and silver for every violation / infraction.” This Royal Decree is effective immediately. And so it is.😊☝️✍️⚖️👑👽 🐸🐸🐸🐸🐸 Q 🐸🐸🐸🐸🐸 Q 🐸🐸🐸🐸🐸 Q 🐸🐸 HRH Majesty Queen Romana Didulo, @HRMQueenRomanaDidulo Commander-in-Chief, Head of Government, Head of State, President, National Indigenous Chief, and Queen of the Kingdom of Canada WWG1WGA 🙏🌎 Edited September 26 by turbguy 2 Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM September 27 The fire sale of ICE vehicles in China is taking place now........guess no one wants to pay big bucks for a clunker coming to your local dealer soon Cheap EVs unless you have to pay the 100 percent TAX Motor Finance Online Fitch Ratings: China’s ICE sales plummet despite record discounts China's passenger vehicle (PV) deliveries rose by 2.6% year-on-year to 6.3 million units in the second quarter of 2024, according to Fitch Ratings. . Aug 1, 2024 Financial Times China’s plan to sell cheap EVs to the rest of the world The resurrection of a car plant in Brazil's poor north-east stands as a symbol of China's global advance — and the west's retreat. . Jun 4, 2024 WhichCar What are the 10 cheapest electric cars in Australia? These are the most affordable new EVs in Australia, starting from below $40K excluding on-roads and incentives. . 3 days ago Carscoops Price War Heats Up In China As PHEVs Are Now Cheaper Than ICE Competition Automakers are now producing plug-in hybrid vehicles with prices that start lower than some of the most affordable internal combustion-only vehicles. . Feb 21, 2024 Electrek BYD to slash EV prices even more with new platform as it looks to crush ICE car sales BYD is leading an offensive against ICE vehicles. A new report claims BYD's new EV platform will slash costs even further as the automaker... . Mar 11, 2024 Investor's Business Daily China EV Giant BYD Kicks Off Latest Price War. It's Going To Get A Lot Worse. China EV giant BYD launched a new salvo in the ongoing price war, targeting ICE vehicles. Several peers quickly followed. Expect a lot more. . Feb 19, 2024 Page Navigation 1 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 698 September 30 On 9/19/2024 at 9:41 AM, Ecocharger said: This is concomitant with the collapse of EV sales, so it is not anything related to a transition or technological change...just the downside of the economy-wide business cycle. Combined with sky high vehicle prices on vehicles loaded with unneeded accessories. Quote Share this post Link to post Share on other sites
Ron Wagner + 698 September 30 On 9/12/2024 at 11:22 PM, notsonice said: How is that oil demand in China going these days??? getting hot and hotter everyday???? Pesky EVs ruining your clunker parade???? Electric Cars Are Driving China Toward the End of the Age ... Bloomberg https://www.bloomberg.com › graphics › 2023-china-ev-... Dec 21, 2023 — Rapid uptake of battery-powered vehicles means China may already have reached peak oil demand, years earlier than anyone expected. PS this is what a transition looks like....When is the last time you bought a roll of film????? looks like a tech transition takes around 15 to 20 years Some day EVs will be the choice for many people worldwide. Mostly for small vehicles. Will China be the largest supplier of automobiles? Quote Share this post Link to post Share on other sites
Ron Wagner + 698 September 30 On 9/23/2024 at 12:28 PM, Ecocharger said: Not if the natural limits of their market space have been reached. The only result would then be a further decline in price with practically zero elasticity in the demand curve...remember your ECON 100 introductory lessons? I just saw my first Tesla "truck" today. Pretty ugly but it has a lot of aficianados. Plenty of features but small. Quote Share this post Link to post Share on other sites
Ron Wagner + 698 September 30 On 9/27/2024 at 4:47 PM, notsonice said: The fire sale of ICE vehicles in China is taking place now........guess no one wants to pay big bucks for a clunker coming to your local dealer soon Cheap EVs unless you have to pay the 100 percent TAX Motor Finance Online Fitch Ratings: China’s ICE sales plummet despite record discounts China's passenger vehicle (PV) deliveries rose by 2.6% year-on-year to 6.3 million units in the second quarter of 2024, according to Fitch Ratings. . Aug 1, 2024 Financial Times China’s plan to sell cheap EVs to the rest of the world The resurrection of a car plant in Brazil's poor north-east stands as a symbol of China's global advance — and the west's retreat. . Jun 4, 2024 WhichCar What are the 10 cheapest electric cars in Australia? These are the most affordable new EVs in Australia, starting from below $40K excluding on-roads and incentives. . 3 days ago Carscoops Price War Heats Up In China As PHEVs Are Now Cheaper Than ICE Competition Automakers are now producing plug-in hybrid vehicles with prices that start lower than some of the most affordable internal combustion-only vehicles. . Feb 21, 2024 Electrek BYD to slash EV prices even more with new platform as it looks to crush ICE car sales BYD is leading an offensive against ICE vehicles. A new report claims BYD's new EV platform will slash costs even further as the automaker... . Mar 11, 2024 Investor's Business Daily China EV Giant BYD Kicks Off Latest Price War. It's Going To Get A Lot Worse. China EV giant BYD launched a new salvo in the ongoing price war, targeting ICE vehicles. Several peers quickly followed. Expect a lot more. . Feb 19, 2024 Page Navigation It looks like Europe and America will be in some sort of a trade war with China. They are canceling billions of dollars of corn purchases with us and selling billions of dollars of American bonds. Mainly because of our unreasonable tariffs. Western nations cannot afford to lose the support of their highly paid autoworkers. Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM September 30 (edited) 1 hour ago, Ron Wagner said: Some day EVs will be the choice for many people worldwide. Mostly for small vehicles. Will China be the largest supplier of automobiles? Will China be the largest supplier of automobiles?...they already are they took over 10 years ago Edited September 30 by notsonice Quote Share this post Link to post Share on other sites
Ron Wagner + 698 September 30 1 minute ago, notsonice said: Will China be the largest supplier of automobiles?...they already are they took over 10 years ago They are the largest producer, indeed. But how will the West allow them to put their own EV producers out of business? What will their autoworkers say? Volkswagen may be shutting down their giant auto plant in Wolfsburg. Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM September 30 1 minute ago, Ron Wagner said: They are the largest producer, indeed. But how will the West allow them to put their own EV producers out of business? What will their autoworkers say? Volkswagen may be shutting down their giant auto plant in Wolfsburg. China will take over everything except the US/Canada and the EU .....then they will have more than 60 percent of the market...and then????? if they are producing at 1/2 or 1/3 less than the cost of the West.......it is only a matter of time when they are allowed to produce in the US/EU This is no different than the Japan invasion into the US auto market in the 60's and 70's ...remember the good old days of all the fear mongering that we all would be working for the Japaneses automakers....this led to quotas and tariffs which then the Japanese built plants across the US 1 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 698 September 30 This will all take time. Charging sites will have to be built. Few people will be able to charge at home due to less wattage. Service will be tougher to get and reliability issues will crop up quickly. It takes time for people to accept new technology. It will be a few decades, and will only work out for small vehicles. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM Monday at 04:18 AM 1 hour ago, Ron Wagner said: This will all take time. Charging sites will have to be built. Few people will be able to charge at home due to less wattage. Service will be tougher to get and reliability issues will crop up quickly. It takes time for people to accept new technology. It will be a few decades, and will only work out for small vehicles. yes it takes time...that said plugin hybrids will take over the new US car market in the US and the EU within the next 10 years not decades.... it is a race to the bottom in oil....new tech in cars....battery tech ...plug in hybrid tech.......are not big oils friends all the automakers are scrambling to get hybrids to market....to try to stem the China tide...China is in fast forward mode to get new ro-ro's on the high seas........BYD has 8 under construction... and at the same time they are building plants all over the world and as this happens the MPG increases every year and Oil demand will suffer a slow death....... the oil market today....dog eat dog....The Saudis will not hold back production for long.....50 dollar crude????????? on the horizon...everyone in oil is making money at $70 a barrel....can one say that when oil is at $50 I doubt it Nikkei Asia BYD to deploy fleet of 8 car carriers to underpin global EV expansion Chinese electric vehicle leader BYD plans to increase its fleet of car carriers to eight within in two years to boost its export capacity. . Mar 5, 2024 Global Times Chinese shipyards working all-out to make vehicle-carrying vessels Chinese shipyards are busy producing a special type of vessel – known as a ro-ro – to match the nation's newfound strength in the emerging... . Jan 14, 2024 1 Quote Share this post Link to post Share on other sites
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